DGAP-News: SolarWorld AG: SolarWorld AG delivers 20 MW for large-scale project in Senegal


DGAP-News: SolarWorld AG / Key word(s): Incoming Orders
SolarWorld AG: SolarWorld AG delivers 20 MW for large-scale project in
Senegal

31.10.2016 / 14:51
The issuer is solely responsible for the content of this announcement.

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SolarWorld AG is delivering solar modules with a capacity of 20 megawatts
for a ground-mounted system in West African Senegal. The 77,280
multicrystalline solar modules will be installed in the Kahone region,
about 100 kilometers from the capital Dakar, by March 2017.

The contract in Senegal was acquired by the Austrian SolarWorld partner
Energie Merl, which has been actively involved on the African continent for
many years. The project was tendered by the Senegalese power company
Senelec.

"The quality of the SolarWorld solar modules is reflected in the peak yield
and long service life. Through a high degree of automation and careful
material selection, we enable long-term value retention, thereby reducing
electricity generation costs for our customers," explains Dr.-Ing. E. h.
Frank Asbeck, CEO of SolarWorld AG.

The PV system is one of the largest in the country, which is characterized
by rapid population growth. Frequent droughts have led to a rural exodus.
As a result, energy demand in the cities is increasing rapidly. In light of
the effects of climate change, including on the West African country,
photovoltaics offer the key to sustainably transforming the energy supply.
"With this project, we are once again documenting that photovoltaics
represent a safe, clean and affordable solution for millions of people. It
is a wise decision that the customer has bet on sustainability with durable
products," says Asbeck.

SolarWorld REAL VALUE: SolarWorld manufactures and sells high-tech solar
power solutions and in doing so contributes to a cleaner energy supply
worldwide. The group, headquartered in Bonn, Germany, employs 3,828 people
and operates facilities in Freiberg, Germany; Arnstadt, Germany; and
Hillsboro, Oregon, USA as well as in a joint venture with Qatar Solar
Technologies. From raw material silicon to solar wafers, cells and modules,
SolarWorld manages all stages of production ‒ including research and
development in its own company, SolarWorld Innovations. Through an
international distribution network with locations in Europe, USA,
Singapore, Japan, South Africa and Qatar, SolarWorld supplies customers all
over the world. The company upholds high social standards and commits
itself to resource- and energy-efficient production. SolarWorld was founded
in 1998 and has been publicly traded on the stock market since 1999. More
information at www.solarworld.com

Contact:

SolarWorld AG
Timo Glatz
Martin-Luther-King-Str. 24
53175 Bonn/Germany
Phone: +49 228 55920-409;
Email: press@solarworld.com;
Web: www.solarworld.com


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31.10.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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   Language:    English                                                     
   Company:     SolarWorld AG                                               
                Martin-Luther-King-Straße 24                                
                53175 Bonn                                                  
                Germany                                                     
   Phone:       +49 (0)228 - 559 20 470                                     
   Fax:         +49 (0)228 - 559 20 9470                                    
   E-mail:      placement@solarworld.com                                    
   Internet:    www.solarworld.de                                           
   ISIN:        DE000A1YCMM2, DE000A1YDDX6, DE000A1YCN14                    
   WKN:         A1YCMM, A1YDDX, A1YCN1                                      
   Listed:      Regulated Market in Dusseldorf, Frankfurt (Prime            
                Standard); Regulated Unofficial Market in Berlin, Hamburg,  
                Hanover, Munich, Stuttgart, Tradegate Exchange              
 
 
   End of News    DGAP News Service  
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516049 31.10.2016